The Silk Road Fund will target medium- and long-term projects that have strategic significance to support the "One Belt, One Road" initiative, said People's Bank of China Governor Zhou Xiaochuan.
Art collectors in China helped drive the growth of leading global auction houses last year through an active presence at domestic and foreign auctions and via online sales.
Fourteen companies are set to debut on the Shanghai and Shenzhen bourses on Tuesday, the final trading day before the markets close for the Lunar New Year holiday, and are forecast to raise about 5.6 billion yuan ($910 million).
Sun Binbin's family has worked for three generations for China's first railway factory, now owned by Tangshan Railway Vehicle Co, a subsidiary of CNR Corp.
Cotton imports slid 44.9 percent year-on-year to 161,200 metric tons in January, highlighting the challenges that domestic textile manufacturers face in a weak world market, said trade experts.
The merger of China's top two taxi-hailing app providers will help the new platform, backed by Tencent Holdings Ltd and Alibaba Group Holding Ltd, to focus on the higher-end car booking business, industry insiders said on Monday.
The Victor Smorgon Group, a privately owned industrial leader with diversified businesses in Australia, is looking for trade and investment opportunities again in China after it quit the steel business in the world's second-largest economy some two decades ago, according to a senior company executive.
Industry expands as an increasing number of Chinese people opt for healthier lifestyle
Take the escalator down through a giant tunnel and you will be stunned by the 4,000-square-meter paradise that Fang Suo Commune has built for book and art lovers in Chengdu, Sichuan province.
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